NOT LISTED FOR SALE

31724 48th Ln SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $338,874 - $359,000

2 Beds
3 Baths
1,141 Sq Ft
$308/Sq Ft Est. Value

About This Home

This home is located at 31724 48th Ln SW, Federal Way, WA 98023 and is currently estimated at $351,469, approximately $308 per square foot. 31724 48th Ln SW is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2007
Sold by
Logan Cheryl A
Bought by
Schroeder Jason E
Current Estimated Value
$351,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,730
Interest Rate
6.73%
Mortgage Type
VA

Purchase Details

Closed on
Jul 18, 1997
Sold by
Doran Adele F
Bought by
Logan Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,950
Interest Rate
7.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schroeder Jason E $220,000 Rainier Title
Logan Cheryl A $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Jason $166,288
Closed Schroeder Jason E $213,948
Closed Schroeder Jason E $228,090
Closed Schroeder Jason E $224,730
Previous Owner Logan Cheryl A $89,950
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,460 $291,000 $49,100 $241,900
2023 $3,106 $310,000 $35,400 $274,600
2022 $2,973 $309,000 $31,400 $277,600
2021 $2,679 $257,000 $27,500 $229,500
2020 $2,415 $217,000 $27,500 $189,500
2018 $2,580 $191,000 $23,600 $167,400
2017 $2,255 $178,000 $23,600 $154,400
2016 $2,292 $155,000 $23,600 $131,400
2015 $2,393 $151,000 $23,600 $127,400
2014 -- $162,000 $23,600 $138,400
2013 -- $115,000 $23,600 $91,400
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

31724 48th Ln SW, Federal Way, WA

This home is located at 31724 48th Ln SW, Federal Way, WA 98023 and is currently estimated at $351,469, approximately $308 per square foot. 31724 48th Ln SW is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

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